Societal CDMO
SCTL
#7338
Rank
$0.11 B
Marketcap
$1.10
Share price
0.00%
Change (1 day)
48.65%
Change (1 year)

Operating Margin for Societal CDMO (SCTL)

Operating Margin as of May 2024 (TTM): -5.22%

According to Societal CDMO's latest financial reports and stock price the company's current Operating Margin is -5.22%. At the end of 2021 the company had an Operating Margin of -15.09%.

Operating Margin history for Societal CDMO from 2016 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-15.09%-63.52%
2020-41.36%-987.19%
20194.66%-105.79%
2018-80.53%11.33%
2017-72.33%60.17%
2016-45.16%87.42%
2015-24.10%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.